Tax & Accounting Blog

Cyprus Issues Guidance on Submission of Country-by-Country Reports and Notifications

Cyprus Issues Guidance on Submission of Country-by-Country Reports and Notifications

On October 3, 2017, the Cypriot Ministry of Finance issued Circular No. 10 to all Tax Officers regarding the submission of country-by-country (CbC) reports and notifications. See BEPS Action 13. All data related to the submission of notifications and CbC reports will be submitted electronically through the specific application available via the Read More

India Issues Consultation on Master File and Country-by-Country Report

India Issues Consultation on Master File and Country-by-Country Report

On October 6, 2017, the Indian Central Board of Direct Taxes (CBDT) issued a consultation on updates to the rules on country-by-country (CbC) reporting and the master file. See BEPS Action 13. Comments are due by October 16, 2017. Section 286 of the Income-tax Act, 1961 (the “Act”)  requires the submission of … Read More